The Bank of Nova Scotia, Canada’s second- largest bank, plans to acquire Chile’s Banco del Desarrollo for about $1.03 billion to more than double its business in the South American nation.
Scotiabank agreed to buy 79 percent of the Chilean lender from three investors for $810 million, and plans to make a public offer for the […]

Google’s per-share price is now roughly four times higher than Apple’s, a significantly larger number of outstanding shares and a surging stock price have resulted in Apple Inc. surpassing Google in terms of market capitalization at points during today’s trading session. As of 10:30 AM PST, Apple’s shares were trading at about $138. With 864,948,000 […]

The UK’s Debt Management Office confirmed it will hold nine gilt auctions in the third quarter this year and published the dates.
The auctions will be held as follows:
- October 2: a new conventional gilt maturing on Dec. 7, 2030 - October 10: 1 7/8 pct index-linked Treasury gilt maturing 2022 - October 24: 1 1/8 […]

The government will auction in late October or early November the radio spectrum for mobile services based on the CDMA2000 standard, the Office of the Telecommunications Authority (OFTA) said.
The licence will have reserve price of 76 mln hkd, it said.
The auction will be the second in Hong Kong for assignment of radio spectrum since the […]

Dell Inc. (DELL, news, msgs) finally saw some positives in its second-quarter earnings report after a year of continual misfires, but analysts believe it’s too soon to tell if the computer maker can return to being an industry juggernaut.
In preliminary results posted Thursday, Dell said quarterly earnings jumped 46% on stronger sales of business products […]

Barclays says that a “technical breakdown” in the UK’s clearing system forced it to borrow £1.6bn from the Bank of England.
It is the second time this month that the bank has tapped into the central bank’s emergency credit line, sparking fears it is facing a cash crisis.
But the UK bank insisted it was “flush with […]

Alliant Diagnostics, Inc. (PINKSHEETS: ALNA), a rapidly growing provider of hiring management services, announced today that Inc. Magazine has ranked Alliant Diagnostics number 864 in the Inc. 5000 Fastest Growing Private Companies in America. Additionally, Alliant Diagnostics was ranked number 20 in the Top Companies in Miami-Fort Lauderdale-Miami Beach, FL geographic area, number 55 in […]

Matthew Russell, President of Azteca Gold Corp. (the “Company”) (TSX VENTURE:AZG) announces that the Company has signed an arms-length option agreement (the “Bunker Option”) in respect to the Bunker Hill Mine property located in Kellogg, Idaho. The mine is currently owned by the New Bunker Hill Mining Company of Kellogg, Idaho. The Bunker Option gives […]

Moody’s Investors Service upgraded Thames Water Utilities Finance Ltd’s bond ratings after the company announced the completion of a whole business securitisation of its regulated water and sewerage business, and assigned definitive ratings to notes issued by Thames Water Utilities Cayman Finance Ltd.
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European shares rose Friday, with eyes firmly trained on the U.S. as markets awaited a key speech from Federal Reserve Chairman Ben Bernanke that could hint at interest rate direction as well as proposals from the Bush administration to help an expected wave of mortgage defaults.
European investors were taking on board gains from Asian shares […]